50 Cent Forgot He Has Bitcoin. It's Now Worth Over $7.5M

Best accidental businessman in the game
By Michael Harthorne,  Newser Staff
Posted Jan 25, 2018 6:49 PM CST
50 Cent Forgot He Has Bitcoin. It's Now Worth Over $7.5M
This June 22, 2016 file photo shows Curtis "50 Cent" Jackson at the season three premiere of the STARZ drama "Power" in New York.   (Photo by Charles Sykes/Invision/AP, File)

(Newser) – 50 Cent just might be the world's greatest businessman (that bit of bankruptcy notwithstanding). Not only did the rapper make a reported $100 million from his investment in Vitamin Water when it sold to Coca-Cola, but the Guardian reports he recently became a bitcoin millionaire—apparently without realizing it. Back in 2014, 50 Cent released his fifth album, Animal Ambition. It didn't sell well and probably wouldn't be worth mentioning except that the rapper decided to accept bitcoin as payment to—as per the International Business Times—"stay with the times." 50 Cent earned 700 bitcoin in album sales, with each unit of the cryptocurrency worth around $662 at the time. As of earlier this week, the value of a single bitcoin stood at a much more impressive $10,850.

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Sources tell TMZ that 50 Cent left his digital stack of bitcoin sitting in his account in the years since Animal Ambition—despite being officially bankrupt between 2015 and 2017. Now, depending on who you ask, his bitcoin are worth between $7.5 million and $8 million. "Not Bad for a kid from South Side, I'm so proud of me," NPR quotes 50 Cent as saying in an Instagram post. "LOL." He added in a comment: "I'm a keep it real. I forgot I did that s***." Congratulations to 50 Cent, a man so good at business he accidentally made up to $8 million on one of his worst-selling albums. Or, as the Guardian puts it: "Nothing has any point any more. We should all just give up." (Read more 50 Cent stories.)

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